By: Jackson S.B. No. 916
2001S0614/1
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the authority of certain municipalities to dispose of
1-3 airport property.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 22.024, Transportation Code, is amended
1-6 by adding Subsection (d) to read as follows:
1-7 (d) Notwithstanding Subsection (a), a municipality with a
1-8 population of 1.6 million or more may exchange, convey, sell,
1-9 lease, or otherwise dispose of land or any interest in real
1-10 property related to a former military installation or air
1-11 navigation facility, if the exchange, conveyance, sale, lease, or
1-12 other disposal is carried out as a component of targeted
1-13 redevelopment of such real property together with aerospace,
1-14 aviation, or aircraft manufacturing firms of other airport-related
1-15 industrial parks or communities.
1-16 SECTION 2. This Act takes effect September 1, 2001.